Multi-Family Purchase Analysis
I am new to BiggerPockets but looking for a second or third opinion on a multi-family purchase analysis in Fort Wayne, Indiana area. I am looking at a 15-unit property. I have run it through the BP Calculator using expenses provided by seller and some of my own assumptions. Current monthly income is $10,225, my assumed operating expenses (excluding loan pmts) are $4,996. Is there a quick way to calculate what I should offer or ultimately pay? The property is off-market and this was the result of a letter so the owner is not extremely motivated to sell.